Trustee

As a trustee, the Bank safeguards and manages assets according to the specifications of a grantor, or creator, as outlined in a trust document. In designating the Bank as trustee, the grantor of the trust is able to rely on the expertise and objectivity of the Bank in administering the trust. The Bank also has third-party relationships with trust attorneys and certified public accountants to resolve legal and tax issues and to provide tax preparation services.

Agent

Executor (Personal Representative)

An executor is named in a will by a deceased person and appointed by a court. As executor, the Bank is responsible for settling the estate of a deceased person, including gathering and safeguarding assets, paying expenses and debts and distributing assets in accordance with the will.

Administrator (Personal Representative)

An administrator is appointed by a court when person dies "intestate" or without a will. As administrator, the Bank is responsible for settling the estate of a deceased person, including gathering and safeguarding assets, paying expenses and debts and distributing assets in accordance with laws of the State of Wyoming.

Asset Distribution

Bill Payment and Payroll

Through bill payment and payroll services, the Bank receives and pays monthly bills, and prepares payroll distributions, normally for household help. These services are particularly convenient for elderly or infirm customers who do not have a relative or friend willing or able to ensure that routine bills are paid on a timely basis and that payroll disbursements are properly prepared and distributed.

Investment Portfolio Management

Trusts often contain cash, bonds, stocks, mutual funds and/or other financial assets. Through investment portfolio management services, the Bank determines whether investments are compatible with the objectives of a trust and seeks to prudently maximize the return on the investment portfolio.

Services, securities, annuities, insurance, and other investments offered through RSNB Bank are not FDIC-insured, are not deposits or obligations of nor guaranteed by RSNB Bank or any of their affiliates. These products are subject to investment risk, including possible loss of value, including the full amount invested, and are not insured by any federal government agency.